Commit To Buy Southwestern Energy Company At $8, Earn 11.1% Using Options
September 20, 2016 at 11:40 AM EDT
Investors eyeing a purchase of Southwestern Energy Company (SWN) shares, but cautious about paying the going market price of $14.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $8 strike, which has a bid at the time of this writing of 89 cents..